Is a Strong Balance Sheet a Risk to Your Business?

The transportation business has been great for the last few years. This has resulted in a lot of transportation companies having the strongest balance sheet that they’ve ever had. Cash is king but it does come with risk. On this episode of The Hot Seat, Brandon Knight of Clifton Larson Allen (CLA) joins the show to discuss how you can lower the risk associated with your cash position, what buyers should focus on when acquiring transportation businesses, and how to limit surprises when it comes to taxes.    Interested in selling your transportation business? Click the link below to see our process and find out if we can help you achieve your business goals.   https://www.thetenneygroup.com/our-process/